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New 23 story Meridian Plaza II planning begins
Planning for 23 story Meridian Plaza II getting underway
Bob Shallit (SacBee Business section) 11/16/05
One down, one to go: The developer of downtown's Meridian Plaza office building at 14th and L streets is about to launch the project's second phase - a 23-story tower right behind the 12-story, 240,000-square-foot original.
Tony Giannoni says he has just signed a contract with architecture firm Hornberger+Worstell and expects to submit plans to the city in three or four months. The start of construction is probably a year away.
What will be in the new building, at 15th and K? That's not decided. Offices, certainly. But it could have upper-level residential condos. Office condos also are a possibility.
"We want to be as flexible as we can so we can adjust to the market," says Giannoni.
How has leasing gone on the first building? Very well. Industry talk has a local law firm taking the building's last big chunk of available space - about 24,000 square feet.
"That's the scuttlebutt," Giannoni says, then all but confirms the rumor. "That's why we're kicking off Phase II."
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Last edited by urban_encounter; Nov 16, 2005 at 5:17 PM.
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